The text on this page has been created from Hansard archive content, it may contain typographical errors.
Mr. Harvey
asked the Secretary of State for Social Services what is his estimate of the cost of lowering the male retirement age to 64, 63, 62, 61 and 60 years in a full year; and what is his estimate of the average cost in each age category (a) per single retired person and (b) per retired married couple.
Mr. Newton
The latest estimate of the cost of reducing the pension age for men is as follows:
Reduction of pension age to | Cost £ million (1983–84) |
64 | 400 |
63 | 900 |
62 | 1,400 |
61 | 1,900 |
60 | 2,600 |